SIIVET AS

9700 LAKSELV

Finances

Share Ownership

Return on Equity

161,94 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 037 000	698 000	1 166 000	1 724 000
Net Income	217 000	−306 000	42 000	25 000
Total Assets	1 460 000	1 059 000	960 000	530 000
Total Equity	134 000	−82 000	223 000	181 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 037 000	698 000	1 166 000	1 724 000
Expenditure	1 815 000	975 000	1 063 000	1 676 000
Operating Profit	222 000	−277 000	103 000	49 000
Financial Income	0	0	0	0
Financial Costs	5 000	29 000	46 000	16 000
Financial Balance	−5 000	−29 000	−46 000	−16 000
Earnings Before Tax	217 000	−306 000	56 000	33 000
Tax	0	0	14 000	9 000
Net Income	217 000	−306 000	42 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 460 000	1 059 000	960 000	530 000
Total Assets	1 460 000	1 059 000	960 000	530 000
Total Retained Equity	34 000	−182 000	123 000	81 000
Total Equity	134 000	−82 000	223 000	181 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 326 000	1 142 000	736 000	349 000
Total Equity and Debt	1 460 000	1 059 000	960 000	530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	484 000	170 000	200 000	173 000
Other Income	1 553 000	528 000	965 000	1 551 000
Revenue	2 037 000	698 000	1 166 000	1 724 000
Cost of Goods Sold	165 000	155 000	122 000	596 000
Salary Costs	912 000	393 000	605 000	765 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 815 000	975 000	1 063 000	1 676 000
Operating Profit	222 000	−277 000	103 000	49 000
Financial Income	0	0	0	0
Financial Costs	5 000	29 000	46 000	16 000
Financial Balance	−5 000	−29 000	−46 000	−16 000
Dividends	0	0	0	0
Net Income	217 000	−306 000	42 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	474 000	684 000	304 000	84 000
Total Current Assets	1 460 000	1 059 000	960 000	530 000
Total Assets	1 460 000	1 059 000	960 000	530 000
Total Equity	134 000	−82 000	223 000	181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−36 000	67 000	25 000	46 000
Unpaid Taxes	58 000	38 000	8 000	20 000
Dividends	0	0	0	0
Other Current Debt	1 306 000	1 037 000	689 000	274 000
Total Current Debt	1 326 000	1 142 000	736 000	349 000
Total Equity and Debt	1 460 000	1 059 000	960 000	530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	161,94 %	373,17 %	18,83 %	13,81 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	10,9 %	−39,68 %	8,83 %	2,84 %
Current Ratio	1,1	0,93	1,3	1,52
Quick Ratio	1,1	0,93	1,3	1,52
Equity Ratio	0,09	−0,08	0,23	0,34
Gross Profit Margin	91,9 %	77,79 %	89,54 %	65,43 %